PriceChannel_Stop

Hi Igor,

Giving Error "Array Out of Range" when set Channel Period 2.

Regards,
Jag

Originally Posted by igorad

Hi thor68,

Please check out the updated PriceChannel_Stop indicators with the new set of prices and the new parameter CountBars.

Attachment 31939


Regards,
Igor

Hi Jag,

Thanks a lot for finding a minor bug.
Please check out the fixed versions.


Regards,
Igor

Great Thanks Igor, this is working fantastically.

Regards,
Jag

Originally Posted by igorad

Hi Jag,

Thanks a lot for finding a minor bug.
Please check out the fixed versions.


Regards,
Igor

Igor, The PriceChannel_Stop_v9 MT5 indicator has an error on line 453.
'iTime' - override system function PriceChannel_Stop_v9.mq5 453 10

Regards,
Rogerio

Originally Posted by rogeriob28

Igor, The PriceChannel_Stop_v9 MT5 indicator has an error on line 453.
'iTime' - override system function PriceChannel_Stop_v9.mq5 453 10

Regards,
Rogerio

I fixed it and re-uploaded to the Igor's first post of this thread.

Is it possible to program a donchian like channel into the price channel stop?

Originally Posted by euro_rapp

Is it possible to program a donchian like channel into the price channel stop?

Hi euro_rapp,

The Donchian Channel is one more name of the Price Channel.

Regards,
Igor

Dear Igor,

I would like to use your pretty good indicator in my EA. I am an old hardware engineer, not exactly a programmer. I got it working in principle, but it does not always open a position. I cant figure out why. I also dont understand why the opening of a new position depends on the value of the Channel Period, since the signal is always triggered.
If I am using lets say value 4, it does paint the Up/DownStop Line and produces an alert message, but no position is opened.
The code I am using to get the signal:

CopyBuffer(PCS_handle,1,0,2,UpSignal)<=0 ||
CopyBuffer(PCS_handle,4,0,2,DnSignal)<=0 ||

What am I missing?
Thank you very much.
Reinhard

PriceChannel_Signal_v2 EA - expert for MetaTrader 5

The custom indicator 'PriceChannel_Signal_v2' ( I took the indicator here ) generates several signals: two types of signals to open a 'BUY' position, two types of signals to open a 'SELL' position, one signal to close 'BUY' and one signal to close 'SELL'. No Stop Loss, No Take Profit, No Trailing.

In this article, we will talk about a very important concept in trading which is trend identification as we will learn about a technical tool that can be helpful in that which is the Donchian Channel indicator. This indicator is a trend following the same as we will see.

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